Besides the national programs mentioned on this page there are also various regional plans for supporting solar thermal energy in place.
ICO-IDAE financing line
This financing line is provided under the "Renewable Energy Plan 2000-2010" by the Official Credit Institute (ICO) and the Institute for Diversification and Energy Saving (IDAE). In effect since 2002, it applies for projects in renewable energies and for improving efficiency. The maximum financing of a project is 70% of the investment. The support is given by means of loans at low interest rates.
ICO-IDEA financing line for renewable energy and energy efficiency projects
This agreement tries to instrument a financing line with a discount of the interest rate for renewable energy technology projects and those for improving energy efficiency. Projects of investments in new fixed assets destined to the use of renewable energy or to the improvement of energy efficiency can be subsidized. This includes installations, systems and expenses necessary for its setting up, engineering, insurance, transport and others. Projects in the technical area of solar thermoelectric can also be financed. The ICO has € 120,2 million of funds for financing and IDEA has a budget of € 9,62 million aimed at the reduction of the interest rate for financing. The projects can be financed up to 70% and the reduction will be 5 points of the interest rate for self-consumption solar thermoelectric. The reduction is 3% for projects in energy saving and efficiency. Beneficiaries are natural or legal persons of public or private nature in the sectors RES and improvement of energy efficiency.
Law on Fiscal, Administrative and Social Measures
Introduced in 2001, the law offers corporate tax deductions for investments in renewable energy sources. Investments that were originally funded under "Royal Decree 1663/2000" have been incorporated into this law. Eligible investments entitle firms to a 10% tax deduction in the case of investments in installations or equipment using solar power.
Modified Aid for Electricity Generated from Renewable and CHP Sources
The "Royal Decree 436/2004" provides incentives for new installed capacity of renewable energy sources in one of two ways. Generators who sell their production to a distributor, receive a fixed tariff that is defined as a percentage of a regulated tariff. The percentage is established on a technology by technology basis. Generators, who sell their electricity on the free market, receive the negotiated market price of electricity, an incentive for participating, and a premium, if eligible. Under the first option, solar thermal electricity generators receive a fixed tariff of 300% of the reference price (€ 0.21/kWh) during the first 25 years after start-up and 240% of the reference price (€ 0.17/kWh) thereafter. Under the second option, solar thermal electricity generators selling their electricity on the free market may receive a premium of 250% of the reference price during the first 25 years after their start-up and 200% afterwards plus an incentive of 10%.
General Direction of the Institute for Energy Saving and Diversification
The decision regulates the concession of subsidies for supporting solar thermal energy in the framework of the "Promotion Plan for Renewable Energy". The objective of the grants linked to this public call is to contribute to the objective of the "Promotion Plan of Renewable Energy", encouraging the investment in installations of thermal use, at low temperature, of solar through the subvention of parts of the costs of those projects. All the investments in installations of thermal use, at low temperature, solar energy can be subsidized. This includes investments in hot clean water applications, climatization of swimming pools, hot water process in industries, applications for heating and climatization. Installations with vacuum collectors destined for climatization, heating by different systems to radiant floor or fan-coil have a maximum grant of € 300 per m² of useful panel surface installed. Small compact installations will have a maximum grant of € 240,40 per m² of useful panel surface installed. The rest of the eligible installations to the program have a maximum grant of € 210,35 per m² of useful panel surface. Since the maximum funding does not exceed 40% of the elegible costs the maximum subsidy rate applicable is limited. Beneficiaries are natural or legal persons, private or public, groups of non-profit local corporations in the renewable energy and solar thermal energy sector.
New Technical Buildings Code (CTE)
The new CTE deals with security of the buildings structure, fire safety, other safety and health issues, sustainability and energy efficiency of the buildings. The latter part goes far beyond the minimal level of implementation of the EC "Directive on the Energy Performance of Buildings" and includes an obligation to cover 30-70% of domestic hot water demand with solar thermal energy. The solar thermal part applies to all new buildings and to those undergoing renovation. It applies to any kind of buildings, independent of their use. There are some exceptions defined in the law for buildings that either satisfy their hot water demand by other renewables, by cogeneration or for shaded buildings, respectively. The variation of the solar fraction from 30-70% depends on different parameters such as the assumed volume of domestic hot water demand and the geographical position of the building.